Class-Creating Digital Well being Platform Secures New CEO and Main Partnerships and Profitable Affected person Outcomes, Time- and Price Financial savings Drive Fast Progress
STAMFORD, CT, USA, Could 2, 2022 /EINPresswire.com/ — UPSWING HEALTH, the physician-founded musculoskeletal (MSK) well being care innovator, whose diagnostic, triage, therapy and restoration platform solves the disaster of each extreme, inappropriate utilization and under-treatment of thousands and thousands of orthopedic accidents, introduced right now that it has closed its oversubscribed seed spherical. This $5 million spherical options participation from new and present buyers – leaders in digital well being, know-how and finance- together with Montage Ventures, Connecticut Improvements, WTI, Ikigai Healthcare Fund and different strategics. The brand new funding will probably be used to gasoline Upswing Well being’s speedy progress, appeal to further key management, and speed up product growth, advertising and marketing, and partnership gross sales.
MSK accidents and persistent circumstances that require therapy are at the moment shoved thoughtlessly into the identical therapy protocols, whether or not the ER, pressing care, major care or on to orthopedists — with out upfront precision or diagnostic intelligence. Upswing Well being addresses this elementary flaw, proving that in the event you determine the issue on the high of the “care funnel” utilizing its proprietary evaluation instrument, sufferers could be effectively directed to the correct therapy strategy. This protects time – giving the affected person extra speedy care and reduction – and retains them out of the ER or Pressing Care except completely mandatory. Importantly, it means time-stressed and costly orthopedists become involved solely when mandatory.
Upswing Well being was based in 2017 by Board Licensed Orthopedic Surgeons Dr. Jay Kimmel and Dr. Steven Schutzer, who confronted this drawback each day. With greater than 60 years of mixed orthopedic and surgical follow, they sought to ship handy, equitable entry to increased high quality orthopedic care extra effectively and at a decrease value. An end-to-end providing — half diagnostic platform, half digital clinic, half therapy program — Upswing Well being helps folks of all ages of their “ouch moments” diagnose, stop and get well from orthopedic accidents.
“This profitable funding spherical displays buyers’ collective confidence within the innovation Upswing Well being has dropped at market and its future as a a lot bigger enterprise,” stated Yenvy Truong, CEO of Upswing Well being. “We had been delighted to seek out ourselves oversubscribed and in a position to develop the providing. The capital raised will assist us proceed to ship quick entry to the best high quality of care whereas lowering wasted time and assets.”
“With sturdy management, strategic partnerships, and a novel mannequin, Upswing Well being is making nice strides in delivering higher outcomes for folks with musculoskeletal points,” stated Matthew Storeygard, Senior Managing Director at Connecticut Improvements. “We stay up for supporting Yenvy and the crew as they proceed to rework orthopedic medication and speed up the expansion of the corporate.”
Not like opponents that handle solely the $200 billion MSK market, Upswing Well being additionally straight addresses the $1 trillion market of healthcare wastage and inefficiency. Leveraging synthetic intelligence, medical experience and an modern care supply mannequin, Upswing is the digital entrance door for each acute and persistent orthopedic circumstances, producing higher outcomes whereas lowering prices for each folks and suppliers.
With a mission to assist 10 million folks alleviate affected by MSK ache by the top of 2023, Upswing Well being is aggressively enhancing its capabilities. It lately employed as CEO Yenvy Truong, a seasoned healthcare govt who started her profession as an analytical chemist and ascended the ranks of a number of firms earlier than embarking because the founder and catalyst of a number of profitable firms within the digital well being, metabolic, useful, anti-aging and regenerative medication arenas. All through her profession, Yenvy has embodied a ardour for systemic reform, and has lengthy promoted the implementation of cutting-edge know-how and different medical and scientific developments into customary affected person care. Her most up-to-date endeavor as CEO at a healthcare startup shepherded breakthrough analysis all the best way to an accredited digital well being enterprise that secured three patents and a number of the world’s most prestigious scientific organizations as shoppers. She holds a BS in Biomedical Engineering, an MBA and a certification in Mergers and Acquisitions from Stanford College.
For extra data on Upswing Well being, please go to www.UpswingHealth.com.
About Upswing Well being:
Upswing Well being is a startup that was created to unravel America’s billion-dollar disaster in MSK care with a radical re-reinvention of the supply system – for people and employers. The corporate replaces the present mannequin, which forces the injured to battle by way of the time-consuming and expensive selections of ERs, Pressing Care Facilities, Major Care Physicians and Orthopedists. USH’s digital platform replaces that damaged system with a greater means utilizing a proprietary diagnostic instrument that sends sufferers to a well being coach first because the digital front-door to MSK care. That is adequate for as many as 80% of all instances; those that want extra refined care are quickly triaged. Sufferers keep within the USH ecosystem for the whole thing of their journey– from prevention to prognosis and restoration. USH was based by orthopedists and is already working for a state authorities and municipality well being plans and main well being care suppliers. For extra data on Upswing Well being, please go to: www.UpswingHealth.com.
Susan Mallory
Mission1 Public Relations
+1 551-404-3963
Susan@Mission1PR.com